Wednesday, February 26, 2003

Australia's Telstra Reaches 222,000 Broadband Users

In its semi-annual financial report, Telstra reported 222,000 broadband subscribers, double the number from the same period last year. Telstra expects to have one million broadband subscribers in 2005. On the wholesale front, Telstra said industry demand for DSL is lifting. Over time, Telstra expects that its wholesale DSL business may have more customers than its retail offering. Meanwhile, during the past six months Telstra's narrowband subscribers increased 7% to more than 1.1 million. On the regulatory front, Telstra said it was relieved...

Enterasys Networks Reaches SEC Settlement

Enterasys Networks reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement does not require any further adjustment to the Company's historical financial statements and does not impose any civil penalties or fines. Pursuant to the settlement, Enterasys, without admitting or denying any allegations, agreed to a cease and desist order requiring future compliance with the federal securities laws and regulations, and to appoint an internal auditor reporting directly to the Audit Committee of Enterasys' Board of...

Lucent Reaches Settlement with SEC

Lucent reached an agreement in principle with the staff of the U.S. Securities and Exchange Commission (SEC) to settle all matters currently under investigation. Without admitting or denying any wrongdoing and without paying any fines or penalties, Lucent said it would consent to a settlement enjoining the company from future violations of the anti-fraud, reporting, books and records and internal control provisions of the federal securities laws. http://www.lucent....

Marvell Reports 11% Sequential Jump in Revenues to $150.8 million

Marvell Technology Group reported record quarterly revenue of $150.8 million, an increase of 82% over net revenue of $82.8 million and an 11% increase over the previous quarter. Net loss (GAAP), including acquisition-related expenses and special charges, was $24.2 million, or $0.20 per share. The company said it has expanded its market share in wireless LAN, enterprise and desktop switching as well as Gigabit Ethernet, including transceivers, NIC and motherboard LAN solutions. http://www.marvell....

Vendors Establish Tunable Laser Multi-Source Agreement

Several optical suppliers announced a Multi-Source Agreement (MSA) for tunable lasers based on the Optical Internetworking Forum's implementation agreement. Participating companies include iolon, Intel, Bookham Technology and Santur Corp. http://www.tunablelasermsa.comEarlier this month, Bandwidth9, a start-up based in Fremont, California, suspended its operations due to “limited revenue potential for tunable transmitters in the foreseeable fut...

Siemens Mobile Acceleration Plans Early Stage Investment in Wireless Start-ups

Siemens Mobile Acceleration, a wholly owned subsidiary of Siemens AG, opened an office in San Jose, California with the goal of providing early-stage investment capital in wireless start-ups. In addition to venture capital, portfolio companies would also benefit from Siemens' sales and marketing channels. Siemens said similar efforts in Europe and Asia have generated impressive results. http://www.siemens.com/mobile-accelerat...

ADVA Adds 8-channel CWDM to FSP 500 Platform

ADVA Optical Networking announced a number of enhancements for its Fiber Service Platform (FSP) 500 product, including an ITU-compliant 8-channel Coarse Wavelength Division Multiplexing (CWDM) module, a 2.5 Gbps service card, and a Single Fiber Working (SFW) solution. ADVA already offered a 4- channel CWDM module for the FSP 500. The new 2.5 Gbps card is designed to transport SONET/SDH and clear channel STM16/OC-48 services. ADVA said it has shipped approximately 10,000 FSP 500 units since introducing the platform in 2000. Major customers include...

Thompson Advances its TV-over-ADSL Activities

Nextream, a joint venture between Alcatel and Thomson, has developed a real-time MPEG2 encoder that enables the low bit-rate compression required to broadcast TV content over ADSL. Thompson said the encoder reduces the bandwidth requirement to less than 2.5 Mbps for picture quality equivalent to satellite services. A satellite version (DVB-S) of this encoder is already in use by numerous broadcast operators. Thompson has also developed a set-top box that allows TV program reception over ADSL networks. The Thompson equipment is being tested...

Lucent Offers CDMA2000 Base station to Extend Life of Existing CDMA Equipment

Lucent Technologies introduced a new CDMA2000 base station growth cabinet designed for mobile operators that currently have existing Lucent AUTOPLEX Series II cellular base stations. It preserves their investment in the AUTOPLEX systems by enabling them to reuse much of the equipment - including antennas, filters and amplifiers - while increasing capacity by up to three times. Lucent said the new Flexent CDMA High Density (HD) 4.0 system would also be able to support intelligent antenna technology as it becomes available. http://www.lucent.c...

Intel Signs Marriott as a Co-Marketing Partner for Wi-Fi

Marriott and Intel are planning a joint marketing campaign to promote the availability of wireless high-speed Internet access at 400 Marriott, Renaissance, Courtyard, Residence Inn, TownePlace Suites, Fairfield Inn and SpringHill Suites hotels in the U.S., the U.K., Germany and Canada. Plans include advertising, direct mail and prominent signage to identify the hotspots. Intel said it is planning co-marketing agreements with various companies in preparation for the launch of its Centrino mobile technology. Its aim is "to verify wireless compatibility...

BT Wins Five Year Contract with Honeywell

BT was awarded a new five-year outsourcing contract to manage and deliver communications and networking services to 220 Honeywell sites throughout Western Europe. The contract covers voice communications, PBX management, LAN infrastructure and management, mobile and video communications and Internet access. BT will also manage Honeywell's WAN, migrating the WAN from Frame-Relay/ATM to an IP VPN. http://www.btignite....

CERN Selects Alcatel 7770 for IP Core

CERN, the European Organization for Nuclear Research, will deploy the Alcatel 7770 IP Core Router for a trans-Atlantic multi-vendor testbed called DataTAG. The equipment will be used for the IP core of DataTAG's Grid, whose main centers are in CERN's Internet Exchange in Geneva and the Starlight Internet Exchange in Chicago. The network will support the research of more than 6,500 scientists, representing about half of the world's particle physicists. Financial terms were not disclosed. http://www.alcatel.comOther announced deployments of the...

Telefónica Reaches 1.4 M ADSL Subscribers, Writes Down EURO 16.2 Billion

Telefónica announced financial write-downs totaling EUR 16.2 billion for 2002 largely related to its 3G operations in Germany, Austria, Switzerland and Italy, as well as for operations in Mexico and Argentina. Telefónica's operating revenues for 2002 were EUR 28.4 billion, down 8.5% from the previous year. Telefónica de España contributed the most to the company's overall revenues (EUR 10.3 billion) followed by its cellular business (EUR 9.4 billion)Telefónica's worldwide customer base at the end of 2002 was 84.7 million, up 15% from a year earlier....

Comcast Claims Early Integration Success, Subscriber Loss Slows

After 100 days of operating as a combined company, Comcast claimed significant progress in integrating the networks, slowing subscriber losses and addressing its $30.5 billion debt burden. The company attributed an improved outlook to its ability to stop subscriber losses to direct satellite TV and to growth in digital cable and cable modem services. Comcast is forecasting zero customer loss (net) for 2003, compared with a net loss of 412,000 customers in 2002. Cable modem subscribers are expected to increase to 5 million this year, compared...